Tech giant Microsoft has officially entered the most elite of clubs: corporations with a market value exceeding $2 trillion.

The tech giant is only the second publicly traded American company, behind Apple (AAPL), to reach such a valuation.

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Microsoft’s (MSFT) market capitalization topped $2 trillion during trading on Tuesday and closed just $300 million shy of that mark.

Its stock on Tuesday climbed 1.1% to $265.51.The company reached the $2 trillion milestones just over two years after it first passed the $1 trillion market cap mark.

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